In order to support and guide efforts to improve the effectiveness and quality of financial education, the CFPB is taking up this challenge to provide stronger evidence of what works to improve financial decision making and financial well-being, while ensuring the appropriate research protections for consumers. This effort will help us and a range of providers improve consumer decision making and outcomes. The Office of Financial Education, in coordination with the Office of Research, has developed a research program that focuses on (1) determining how to measure financial well-being, and identifying the knowledge, skills, and habits associated with financially capable consumers, (2) evaluating the effectiveness of existing approaches to improving financial decision making and outcomes, and (3) developing and evaluating new approaches.